Tuesday, 2 October, 2018 - 09:00 to 16:00
Finance for Non-Financial Managers Workshop
Organiser
CUE Ltd is offering a series of bespoke workshops through the Coventry and Warwickshire Innovative Place Test Bed project. The workshops are part-funded by the European Regional Development Fund.
This workshop aims to boost the competence of SME owner/managers in the theory and practical everyday use of key financial documents so that they can fully understand the financial dimensions of how to run a business better and in-turn be more confident in their business dealings.
The workshop covers:
- I thought accounts were for accountants!
- What are the key financial statements?
- Why do they matter to me and my business?
- What are they telling us; how to interpret them and how will others interpret them?
- Profit and loss:
- A quick look at how each of the elements are treated that make up business income, expenditure and overheads.
- The balance sheet in detail:
- Taking a snapshot of your business – what can we learn?
- The cashflow forecast:
- How to use common sense to build up a picture of our business future. The key difference between profit and cash, demonstrating the issues of working capital.
Delegates can expect to:
- Emerge with a greater appreciation of the importance of financial management
- Understand how to interpret financial reports
- Learn the basic components of how to start to put together important financial reports
- Use forecasting techniques to set budgets and performance targets
- Monitor spending and performance
- Consider, project and manage options for change
Refreshments and lunch is provided.
Additional eligibility checks will take place prior to the workshop
To be eligible for this workshop you must be:
- An SME based in Coventry or Warwickshire
- Registered with Companies House or have a Unique Tax Reference number (UTR)
- Have an innovative product,service or idea to take to market
- Able to commit to recieving a minimum of 12 hours of support from the project
Request your place
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